Canada Goose Holdings (GOOS) revenues increased in the second quarter, driven by a surge in online sales and strong demand for its luxury parkas as economies reopen. Based in Toronto, Canada Goose is one of the world’s largest extreme weather outerwear retailers. Revenue & Earnings Revenue for Q2 2022 came in at C$232.9 million, an increase of 19.6% from C$194.8 million. Global e-commerce revenue rose 33.8%. Both direct-to-consumer (DTC) sales and wholesale revenue increased in the quarter ended September 26. DTC revenue rose 80.1% to C$83.2 million, driven by higher sales from existing retail stores, e-commerce growth, and store openings. DTC revenue in Mainland China increased by 85.9%.
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Canada Goose (NYSE:GOOS)
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